Archive for September 10th, 2009
Scotia Capital update on Open Text
10 September 2009Speaking of well known Canadian software stories, here is a note on Open Text (OTC:TSX) from Scotia Capital’s research department:
Product Plans, Acquisitions, and More
Event
? Over the past week, a number of noteworthy acquisitions have occurred in the ECM market as vendors continue to strengthen their product portfolio.
Implications
? Our view is that the ECM market continues [...]
Versant Partners on “solid” MKS Q1
10 September 2009This report was published earlier today by Versant Partners on MKS (MKX:TSX). MKS is a Wellington Financial Fund I portfolio co. How many software companies are trading at 8x forward earnings, with a 6% dividend yield?:
EVENT
MKS released Q1/F10 results (July quarter) yesterday.
BOTTOM LINE
The large US$2M+ deal announced in June was included in the [...]
Ericsson’s deal for Nortel very much alive
10 September 2009It is far too quiet on the Ericsson / Nortel / Research In Motion front. No move at the Court of Appeal, no media leaks, no scrums, no industry lobbying, no evidence of any activity on RIM’s part to create a “Canadian solution” for Industry Minister Tony Clement to consider.
This cannot be good for [...]